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Akimi4 [234]
3 years ago
8

You have decided to start saving for college and open up a 529 account. You invest $5,000 into the account at a 2% interest rate

compounded monthly. How much money will you have after 5 years?
$5,520.40
$5,525.39
$6,744.25
$16,405.15
Mathematics
1 answer:
raketka [301]3 years ago
6 0

You will have $5,525.39 after 5 years.

Because the interest is compounded monthly, you need to convert the interest rate and the term of investment to a monthly basis.

Monthly interest = 2% / 12 = 2/12%

Term of investment = 5 x 12 = 60 months

To find the amount you will have in 5 years, use the formula:

<em>Future value = Amount * ( 1 + interest) ^ term of investment </em>

= 5,000 x ( 1 + 2/12%)⁶⁰

= $5,525.39

In conclusion, your investment will have compounded to $5,525.39 in 5 years.

<em>Find out more at brainly.com/question/3473483.</em>

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3 years ago
What is the volume of the prism pls help
valkas [14]

Answer:

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Step-by-step explanation:

8 0
2 years ago
If (x-2) is a factor of x^3+kx^2 +12x-8 then k=?
AURORKA [14]

Answer:

k = - 6

Step-by-step explanation:

Since (x - 2) is a factor then x = 2 is a root

Substitute x = 2 into the polynomial and equate to zero, that is

2³ + k(2)² + 12(2) - 8 = 0

8 + 4k + 24 - 8 = 0

4k + 24 = 0 ( subtract 24 from both sides )

4k = - 24 ( divide both sides by 4 )

k = - 6

5 0
3 years ago
(a) The function k is defined by k(x)=f(x)g(x). Find k′(0).
Brut [27]

Answer:

(a) k'(0) = f'(0)g(0) + f(0)g'(0)

(b) m'(5) = \frac{f'(5)g(5) - f(5)g'(5)}{2g^{2}(5) }

Step-by-step explanation:

(a) Since k(x) is a function of two functions f(x) and g(x) [ k(x)=f(x)g(x) ], so for differentiating k(x) we need to use <u>product rule</u>,i.e., \frac{\mathrm{d} [f(x)\times g(x)]}{\mathrm{d} x}=\frac{\mathrm{d} f(x)}{\mathrm{d} x}\times g(x) + f(x)\times\frac{\mathrm{d} g(x)}{\mathrm{d} x}

this will give <em>k'(x)=f'(x)g(x) + f(x)g'(x)</em>

on substituting the value x=0, we will get the value of k'(0)

{for expressing the value in terms of numbers first we need to know the value of f(0), g(0), f'(0) and g'(0) in terms of numbers}{If f(0)=0 and g(0)=0, and f'(0) and g'(0) exists then k'(0)=0}

(b) m(x) is a function of two functions f(x) and g(x) [ m(x)=\frac{1}{2}\times\frac{f(x)}{g(x)} ]. Since m(x) has a function g(x) in the denominator so we need to use <u>division rule</u> to differentiate m(x). Division rule is as follows : \frac{\mathrm{d} \frac{f(x)}{g(x)}}{\mathrm{d} x}=\frac{\frac{\mathrm{d} f(x)}{\mathrm{d} x}\times g(x) + f(x)\times\frac{\mathrm{d} g(x)}{\mathrm{d} x}}{g^{2}(x)}

this will give <em>m'(x) = \frac{1}{2}\times\frac{f'(x)g(x) - f(x)g'(x)}{g^{2}(x) }</em>

on substituting the value x=5, we will get the value of m'(5).

{for expressing the value in terms of numbers first we need to know the value of f(5), g(5), f'(5) and g'(5) in terms of numbers}

{NOTE : in m(x), g(x) ≠ 0 for all x in domain to make m(x) defined and even m'(x) }

{ NOTE : \frac{\mathrm{d} f(x)}{\mathrm{d} x}=f'(x) }

4 0
3 years ago
Length width height equals to 62, what is the maximum volume
joja [24]
Assuming that the given shape is a cuboid, 

volume=l×w×h

v=s³ (since cuboids have same length, they have same side length) 

62=s³
∛62=s 
s=3.957 ≈ 4 units 


Hope I helped :) 
4 0
3 years ago
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